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How to Create Strategic Byproducts for Growth

How to Create Strategic Byproducts for Growth

FromThe Scale Up Show


How to Create Strategic Byproducts for Growth

FromThe Scale Up Show

ratings:
Length:
15 minutes
Released:
Aug 4, 2021
Format:
Podcast episode

Description

Are you ready for a Challenge?  Join me LIVE with other CEO’s, Founders and Revenue Leaders from July 26th-30th at the Referrals for Revenue Challenge: https://www.referralsforrevenuechallenge.com/goToday, I’m sharing with you something that I learned strictly by taking action. This wasn’t a situation where I was pondering or researching to try and find answers to my problems, but this take away happened because I was taking action.What I am talking about is creating strategic byproducts. Now, when this happened to me, I didn’t actually get the results I was looking for. I actually made quantum leaps in my business in a fraction of the time.A strategic byproduct is a term used by Dan Sullivan and he defines it as an unintended byproduct of taking actions on another front.My strategic byproduct happened as a result of me wanting to serve the market in a different way. I shifted my business model and had to stop doing what was working in order to serve people at a higher level.In the book, Quantum Leap by Price Pritchett, he lists out some common traps that can inhibit our growth:“The more of the same trap” - reliance on trying harder rather than trying differently.The Faith in the Familiar Trap - relying on your usual routines for success.The What isn’t Seen Isn’t There TrapThe You Have To Do It All By Yourself TrapThe Playing It Safe TrapThe Choosing the Wrong Risk TrapThe passivity Trap - wishing for what you want instead of pursuing what you wantThe Failures Aren’t Allowed Trap - the unwillingness to make mistakes, interpreting problems as proof that you should give up and quit, ,The Perfect Timing Trap - waiting for the right circumstances4 Strategic Byproducts that came out of my business shift:Created 2 new partnerships from being on Clubhouse for an hour.My messaging wasn’t hitting the market right - closed the gap between my message and the results I was getting.Learned more about my market in a week than in the previous year.I am not afraid to test anymore.Failure findings = leveraged learning.I can try 10 new things and 9 of them won’t work, but one of them will. So, I will double down on the one thing that works and then find 9 new ways to try something. Then rinse and repeat!The Quantum Leap Strategy by Price PritchettSaas, Saas growth, Scale, Business Growth, B2b Saas, Saas Sales, Enterprise Saas, Business growth strategy, founder, ceo: https://www.whalesellingsystem.com/closingsecretsSee omnystudio.com/listener for privacy information.
Released:
Aug 4, 2021
Format:
Podcast episode

Titles in the series (100)

How do you grow like a VC-backed SAAS company without taking on investors? What are the secrets that SAAS CEOs have that the rest of us don't? Do you want to create a lifestyle business, a performance business, or an empire?  How do you scale to an exit without losing your freedom? Join the host Ryan Staley every Monday and Wednesday for conversations with the brightest and best SAAS Founders, CEOs, and Entrepreneurs to crack the code on repeatable revenue growth, leadership, lifestyle freedom and mindset. This show has featured Startup and Billion Dollar Founders, Best Selling Authors, and the World’s Top Sales and Marketing Experts like Terry Jones (Founder of Travelocity and Chairman of Kayak), Gina Bianchini (Founder of Mighty Networks and prior Co-Founder with Marc Andreessen) and Harpaul Sambhi (Founder of Magical with a previous exit to Linkedin). This is where Scaling and Sales are made simple in 25 minutes or less. Saas, Saas growth, Scale, Business Growth, B2b Saas, Saas Sales, Enterprise Saas, Sales, Business growth strategy, Founder, VP of Sales, CRO, Chief Revenue Officer, Technology, Leadership, CEO, Management, Hyper-Growth.